Executive/Senior Executive/Asst..Manager /Manage -Inventory Finance

Renee Cosmetics; Ahmedabad District; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Renee Cosmetics is seeking an Inventory Specialist to own multi-location inventory control, COGS optimization, and working capital efficiency across our supply chain.

You will bridge financial governance with operational execution, managing stock levels and margins while coordinating across Finance, Ops, and Supply Chain teams.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or Supply Chain Management (CA/CMA/MBA in Finance preferred).
• 3–6 years in Inventory Costing or Operations Finance in Retail, E‑Commerce, FMCG, or Manufacturing with multi‑SKU handling.
• Proficiency in ERP systems and WMS; SQL, Power BI, and Excel skills.
• Deep understanding of cost accounting, FIFO/Weighted Average and gross margins.

Responsibilities

• Govern multi-location inventory control across warehouses, 3PL nodes, and retail centers.
• Reconcile physical inventory with WMS, ERP/Business Central, and ledgers; implement cycle counts and audits.
• Analyze DSI, stock turnover, EOQ by SKU; drive aging analysis and liquidation strategies.
• Automate reconciliation workflows and align with Operations, Procurement, and Commercial planning.

Skills

Financial analysis

Inventory management

Analytical mindset

Cross-functional collaboration

Education

Bachelor’s degree in Finance, Accounting, Economics, or Supply Chain Management

CA/CMA/MBA in Finance preferred

Tools

ERP systems (Dynamics 365 BC, SAP, NetSuite)

WMS platforms

SQL

Power BI

Advanced Excel

Job description

Executive/Senior Executive/Asst..Manager /Manage -Inventory Finance

3-6

Full-Time

Job Title: Manager – Inventory Finance

Department: Finance and Accounts

Job Overview

We are looking for a sharp, data-driven Inventory Specialist to own multi-location inventory control, unit economics, and Cost of Goods Sold (COGS) optimization across our supply chain network. In this role, you will bridge the gap between financial governance and operational execution—managing stock levels across multiple SKUs and fulfillment locations while improving working capital efficiency and gross margins.

Key Responsibilities

1. Multi-Location & Multi-SKU Inventory Governance

• Establish and run multi-location inventory control systems, tracking stock movements across regional warehouses, third-party logistics (3PL) nodes, and retail centers.
• Maintain complete reconciliation mechanisms between physical inventory, Warehouse Management Systems (WMS), Enterprise Resource Planning (ERP/Business Central), and general ledgers.
• Institute robust cycle counting, perpetual inventory controls, and quarterly physical audit frameworks to eliminate shrinkage, stock leakage, and phantom inventory.

2. Inventory Days & Working Capital Optimization

• Design and track core inventory health metrics, including Days Sales of Inventory (DSI / Inventory Days), Stock Turnover Ratio, Sell-Through Rates, and GMROI.
• Collaborate with Supply Chain and Demand Planning teams to establish dynamic safety stock, reorder levels, and economic order quantities (EOQ) by SKU category.
• Drive aging analysis (Fast-moving, Slow-moving, Non-moving / FSN analysis) and execute liquidation/clearance strategies for aging or near-expiry stock to minimize write-offs.

3. COGS & Gross Margin Management

• Lead COGS analysis, breaking down direct material, freight-in, warehousing, batch variance, packaging, and fulfillment costs down to the SKU level.
• Identify margin erosion drivers and lead cost-reduction initiatives across procurement contracts, batch yields, and logistics expenses.
• Build automated Management Information Systems (MIS) dashboards to monitor SKU-level gross margins and unit economics on a real-time basis.

4. Process Automation & Cross-Functional Alignment

• Automate manual reconciliation workflows and inventory valuation frameworks within the company’s ERP system.
• Partner with Operations, Procurement, and Commercial teams to align sales forecasting with production schedules and capital commitment plans.

Key Qualifications & Skills

• Education: Bachelor’s degree in Finance, Accounting, Economics, or Supply Chain Management. (Qualified CA, CMA, or MBA in Finance preferred).
• Experience: 3–6 years of experience in Inventory Costing, or Operations Finance—preferably within Retail, E-Commerce, FMCG, or Manufacturing sectors handling extensive multi-SKU profiles.
• Technical Expertise:
• Advanced proficiency in ERP systems (e.g., Microsoft Dynamics 365 Business Central, SAP, NetSuite) and WMS platforms.
• Strong skills in SQL, Advanced Excel, Power BI, or similar data visualization tools.
• Core Competencies:
• Deep understanding of cost accounting, inventory valuation models (FIFO, Weighted Average), and gross margin mechanics.
• Strong analytical capabilities with a track record of driving measurable reductions in working capital cycles.
• Reduction in overall Inventory Days (DSI) without triggering out-of-stock events.
• Zero variance/unexplained gap in monthly inventory reconciliations across all locations.
• Direct reduction in SKU-level COGS and overall working capital lockup.
• Minimization of inventory write-offs, expiry losses, and stock wastage.